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BrightDrop, a General Motors Co. startup focused on offering electric delivery options, told investors Nov. 17 it’s on track to reach $1 billion in revenue in 2023.

Applied Materials Inc., the biggest maker of chip manufacturing equipment, gave a better-than-feared sales forecast for the current quarter as supply chain improvements help offset an economic slowdown.

Under an initiative announced at a United Nations climate gathering in November, preliminary plans are in the works for a “Great Lakes-St. Lawrence Seaway System Green Shipping Corridor Network.”

The standardization of telematics and trailer tracking opened the doors to countless more opportunities for optimization - from tire pressure management and fuel economy, to load sensing and climate controls. The progress made in trailers and safety technology is best told from the perspective of an industry veteran who has become an expert in the field. What challenges - from landing gear issues to a disrupted supply chain - have demanded change and how has the industry responded? On December 7, CEO of Business Accelerants and Transportation Safety Equipment Institute (TSEI) Executive Director Paul Menig joins TT's Dan Ronan to discuss his work with TMC on next gen refrigerated trailers, how retrofitting really works, and his must-have tech list for trailer purchasing. 

“No one is safe.” So wrote an Amazon.com Inc. employee on an internal chat room as the company began the largest round of layoffs in its history.

Orange EV will establish a new corporate headquarters and manufacturing operations in Kansas City, Kan., the electric heavy-duty vehicle manufacturer announced Nov. 16.

U.S. factory output rose in October by less than expected after downward revisions to prior months, suggesting manufacturing is losing some steam as domestic and global demand moderates.

Traton Group reported operating profit fell 32% and revenue rose 32% in the nine-month period ending Sept. 30 compared with a year earlier, and noted a challenging environment remains.

Commercial motor vehicle inspectors in North America conducted 38,117 inspections Aug. 21-27 during Brake Safety Week, placing 13.3% of vehicles out of service for brake-related violations.

The average U.S. retail price in October for a used Class 8 just cleared $83,000, 15% higher compared with a year earlier, ACT Research reported.